Video: Prabowo Mentions PDIP in DPR RI Session, Says This

Jakarta, CNBC Indonesia – President Prabowo Subianto will deliver the Macro Economic Framework and the Core Principles of Fiscal Policy (KEM-PPKF) of the RAPBN 2027 to the Plenary Session of the Indonesian House of Representatives (DPR RI) during the 19th Plenary Session of the Fifth Year of the 2025-2026 Session. Prabowo said that Indonesia currently faces challenges from the global economic and geopolitical environment; therefore the Government is responsible for the welfare of the Indonesian people. Accordingly, the RAPBN is a tool to protect the people and their welfare.

The KEM-PPKF for RAPBN 2027 targets revenue at 11.82%-12.40% of GDP to support priority programmes, with the budget deficit projected at 1.8%-2.4% of GDP. The rupiah is targeted at Rp 16,800- Rp 17,500 per US dollar, with economic growth targeted at 5.8%-6.5%.

In addition, Prabowo outlined developments in Indonesia’s economy in 2026 amid global economic volatility and geopolitics. One of the government’s flagship programmes is 5,000 Fishermen Villages over the next three years, which will be equipped with ice facilities; he also urged improvements in teachers’ welfare.

The government is also pushing for the management and sovereignty of the sea. Indonesia remains the world’s largest exporter of coal, palm oil and ferro-alloys (iron alloy), with exports totalling Rp 1,100 trillion per year; however the tax-to-GDP ratio in Indonesia lags behind the Philippines and Mexico.

Prabowo also highlighted a downward trend in the middle class and rising poverty.

For full details, watch Breaking News, CNBC Indonesia (Wednesday, 20 May 2026).